Kenorland Reports High-Grade Intercept of 26.33 g/t Au over 12.15m on R6 Vein Set at Frotet Project, Quebec and Initiation of a Mineral Resource Estimate
Kenorland Reports High-Grade Intercept of
26.33 g/t Au over 12.15m on R6 Vein Set at
Frotet Project, Quebec and Initiation of a
Mineral Resource Estimate
Vancouver, British Columbia--(Newsfile Corp. - August 25, 2025) -
Kenorland Minerals Ltd.
(TSXV:
KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("
Kenorland
" or the "
Company
") is pleased to announce the
remaining results from the 2025 winter drill program at the Frotet Project (the "
Project
"), located in
northern Quebec. Assays from the last 13 of 34 drill holes completed, including 8,865 metres of the
22,913-metre program, are reported herein. The Company also announces the transfer of operatorship
to Sumitomo Metal Mining as well as the initiation of the maiden Mineral Resource Estimate (the
"
MRE
"), prepared in accordance with National Instrument 43-101 and expected to be completed by late
2025 or early 2026. Kenorland currently holds a
4% NSR Royalty
on the Project.
Drill highlights include the following:
25RDD261: 12.15m at 26.33 g/t Au incl. 1.80m at 99.64 g/t Au at R6
25RDD257: 7.80m at 13.98 g/t Au incl. 1.15m at 81.01 g/t Au at R1
25RDD259: 4.50m at 18.06 g/t Au incl. 1.60m at 47.14 g/t Au at R1
25RDD262: 0.60m at 91.60 g/t Au at R9
25RDD258: 1.70m at 31.59 g/t Au incl. 0.35m at 145.90 g/t Au at R5
25RDD257: 14.40m at 3.45 g/t Au incl. 4.60m at 7.51 g/t Au at R6
25RDD264: 4.80m at 9.85 g/t Au incl. 1.15m at 32.16 g/t Au at R6
Figure 1. Plan map of Regnault drilling including highlights from this press release
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6489/263601_311c1ebf14415a6d_001full.jpg
Discussion of Results
The 2025 winter drill program focused on stepping out along known mineralised structures as well as
increasing confidence in vein system geometry and grade continuity through targeted infill drilling. Drill
holes were optimised to maintain 50-100m spacing within the known mineralised footprint.
Along the R6 trend, step-out drilling continued to return significant high-grade mineralisation with
25RDD261 intersecting
12.15m at 26.33 g/t Au including 1.80m at 99.64 g/t Au and including
1.20m at 93.48 g/t Au
, a 92m step-out at depth towards the north of 23RDD161 which returned 14.35m
at 1.97 g/t Au including 1.72m at 8.83 g/t Au*. Infill drilling within R6 returned
14.40m at 3.45 g/t Au
including 4.60m at 7.51 g/t Au
in 25RDD257, located 65m to the east of 24RDD217 (9.75m at 6.91
g/t Au including 0.95m at 44.99 g/t Au**), and 25RDD264 which returned
4.80m at 9.85 g/t Au
including 1.15m at 32.16 g/t Au
, 48m west of 24RDD200A (7.55m at 6.19 g/t Au including 1.85m at
17.29 g/t Au**).
Figure 2. Cross section through the Regnault gold system including highlights from this press release
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6489/263601_311c1ebf14415a6d_002full.jpg
Drilling completed during the 2025 program along the R1 trend has reduced drill spacing to
approximately 50 metres along significant portions of the R1 vein system, increasing confidence in the
current vein models. Highlights from infill drill holes along the R1 mineralised structure include
7.80m at
13.98 g/t Au including 1.15m at 81.01 g/t Au
in 25RDD257, 43m west of 24RDD209 (6.50m at 4.93
g/t Au including 1.80m at 14.77 g/t Au**), and
4.50m at 18.06 g/t Au incl. 1.60m at 47.14 g/t Au
in
25RDD259, 67m below 23RDD160 (4.04m at 4.65 g/t Au including 0.5m at 29.10 g/t*).
Other significant results from the 2025 winter drill program include
1.70m at 31.59 g/t Au including
0.35m at 145.90 g/t Au
from 25RDD258 along R5, a 45m step-out to the east of 24RDD197 (0.85m at
20.15 g/t Au**); drill hole 25RDD255 with
22.40m at 1.99 g/t Au including 0.90m at 24.00 g/t Au
, an
infill intercept along R9 located 85m down-dip to the west of 24RDD195 (7.85m at 2.32 g/t Au including
0.50m at 16.80 g/t Au**); and
9.00m at 2.58 g/t Au including 0.70m at 17.90 g/t Au
from infill dill hole
25RDD260 along R2E, located 80m west of 23RDD159 (9.62m at 4.22 g/t Au including 0.40m at 57.60
g/t Au*).
Step-out and infill drilling during the 2025 winter program has continued to confirm the scale, continuity,
and high-grade nature of the Regnault system. Step-out holes returned some of the most significant
mineralisation intersected to date, remaining open and highlighting strong potential for growth at depth.
Geological and vein models are being updated to guide targeting for the 2025 summer drill campaign
and support advancement toward a maiden mineral resource estimate, expected in late 2025 or early
2026.
Figure 3. Core photo of R6 vein in hole 25RDD261: 12.15m at 26.33 g/t Au including 1.80m at 99.64
g/t Au and including 1.20m at 93.48 g/t Au
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6489/263601_311c1ebf14415a6d_003full.jpg
(*See press release May 31, 2023)
(**See press release June 18, 2024)
(***See press release June 17, 2025)
Operatorship Transfer and Mineral Resource Estimate
Kenorland announces the transfer of operatorship of the Frotet Project to Sumitomo Metal Mining
Canada Ltd. ("
Sumitomo
"). The Company will remain involved on a consulting basis and retains
records access rights, enabling continued reporting on exploration progress, including drill results and
technical studies. Kenorland and Sumitomo have engaged an independent consulting firm to author a
maiden Mineral Resource Estimate for the Regnault gold system at the Frotet Project, which will provide
an independent statement, prepared in accordance with National Instrument 43-101, of the size, grade,
and confidence level of the mineralisation. The supporting technical report will be filed by Kenorland on
its SEDAR+ profile, marking a key milestone to inform future economic studies and potential
development of the Regnault gold system.
Table 1. Table of assay results from 2025 winter drill program
HOLE ID
From (m)
To (m)
Interval (m)
Au (g/t)
Ag (g/t)
Residual Au (g/t)
25RDD253
415.45
416.10
0.65
54.15
80.57
25RDD254
22.25
22.65
0.40
20.60
10.50
476.00
482.50
6.50
1.91
1.88
25RDD255
214.40
214.80
0.40
16.50
18.90
352.50
364.00
11.50
0.80
0.74
606.00
628.40
22.40
1.99
2.77
1.07
Incl.
618.65
619.55
0.90
24.00
31.60
638.30
644.90
6.60
1.26
1.70
25RDD256
335.70
339.90
4.20
1.42
1.34
584.60
587.60
3.00
2.64
1.99
1.87
Incl.
585.65
586.20
0.55
6.09
4.00
25RDD257
241.90
248.30
6.40
1.08
1.07
283.00
290.80
7.80
13.98
9.25
2.39
Incl.
283.90
285.05
1.15
81.01
51.97
296.80
305.50
8.70
0.95
0.76
396.00
399.80
3.80
1.52
0.92
526.70
541.10
14.40
3.45
3.38
1.54
Incl.
532.50
537.10
4.60
7.51
7.58
554.00
567.00
13.00
1.19
1.20
605.00
611.30
6.30
1.09
1.16
682.40
685.60
3.20
2.49
1.23
1.02
Incl.
682.40
682.70
0.30
16.70
9.10
25RDD258
85.00
86.70
1.70
31.59
9.15
1.96
Incl.
86.35
86.70
0.35
145.90
39.10
447.60
451.15
3.55
1.52
1.32
608.00
618.65
10.65
0.53
0.40
637.75
642.50
4.75
1.18
0.94
25RDD259
208.00
208.75
0.75
7.24
6.60
405.80
410.30
4.50
18.06
25.92
2.02
Incl.
408.70
410.30
1.60
47.14
70.07
427.50
432.55
5.05
1.28
0.70
462.50
467.00
4.50
1.49
1.49
496.00
513.50
17.50
1.15
0.86
662.00
666.15
4.15
3.95
4.91
1.36
Incl.
665.25
665.55
0.30
37.20
47.10
718.55
728.60
10.05
1.36
1.17
1.09
Incl.
725.55
726.00
0.45
7.13
3.50
900.80
901.50
0.70
42.70
24.50
936.00
939.00
3.00
3.61
2.46
25RDD260
374.00
383.00
9.00
2.58
2.71
1.29
Incl.
382.30
383.00
0.70
17.90
17.90
25RDD261
9.00
9.40
0.40
23.10
15.50
219.90
220.60
0.70
12.50
15.70
450.00
454.00
4.00
2.18
2.83
500.15
512.30
12.15
26.33
39.69
3.10
Incl.
505.80
507.60
1.80
99.64
149.11
And Incl.
510.20
511.40
1.20
93.48
136.42
25RDD262
456.50
461.30
4.80
1.90
1.84
704.10
704.70
0.60
91.60
19.90
25RDD263
342.30
348.35
6.05
1.66
1.79
457.10
460.50
3.40
2.98
2.43
2.06
Incl.
458.80
459.25
0.45
9.07
6.10
25RDD264
177.50
180.00
2.50
4.98
3.09
1.60
Incl.
179.50
180.00
0.50
18.50
11.00
196.00
204.00
8.00
1.28
0.65
270.15
271.65
1.50
9.78
5.19
1.78
Incl.
270.15
271.00
0.85
15.90
8.40
286.85
293.00
6.15
1.21
0.80
340.50
347.10
6.60
1.33
1.18
366.90
371.20
4.30
1.98
1.94
1.07
Incl.
369.35
369.70
0.35
12.30
13.90
489.00
493.80
4.80
9.85
9.32
2.82
Incl.
492.65
493.80
1.15
32.16
32.13
627.10
632.35
5.25
1.10
0.98
726.35
728.85
2.50
3.04
2.60
25RDD265
14.70
16.20
1.50
4.23
1.21
86.50
95.10
8.60
0.60
0.49
227.00
230.00
3.00
5.03
2.80
262.70
265.35
2.65
10.26
7.53
1.97
Incl.
264.40
265.00
0.60
38.60
25.50
456.80
469.50
12.70
0.87
0.82
521.10
523.60
2.50
7.16
6.40
1.16
Incl.
521.55
522.70
1.15
14.21
12.86
† Assay intervals reported are core lengths, true widths have not been determined
‡ Residual Au (g/t) represents the average grade of the drill hole interval excluding the highlighted
internal interval
Table 2. Drill collar table of reported drill holes from the 2025 winter drill program
Hole ID
Easting (NAD83)
Northing (NAD83)
Elevation (m)
Depth (m)
Dip
Azimuth
25RDD253
519311
5620320
374.0
549.00
-56
151
25RDD254
519716
5620827
373.2
534.00
-57
161
25RDD255
519471
5620634
374.7
743.50
-58
161
25RDD256
519290
5620473
374.2
660.00
-56
155
25RDD257
519535
5620938
373.7
708.00
-59
165
25RDD258
519441
5620587
374.4
678.00
-54
153
25RDD259
519724
5621053
374.2
999.00
-61
160
25RDD260
519055
5620450
374.5
579.00
-46
156
25RDD261
519408
5620986
375.5
543.00
-66
151
25RDD263
519073
5620488
374.3
489.00
-54
155
25RDD262
519447
5620760
374.3
831.00
-52
158
25RDD264
519676
5620979
373.0
927.00
-62
162
25RDD265
519734
5621135
374.0
624.00
-66
160
About the Frotet Project
The Project covers 39,365 hectares of the Frotet-Evans greenstone belt within the Opatica geological
sub-province of Quebec. The property is adjacent to the past-producing Troilus Gold Corporation's Au-
Cu mine (9.32Moz Au indicated resource) and covers several major deformation zones associated with
known orogenic gold prospects, as well as stratigraphy hosting VMS deposits elsewhere in the belt.
Kenorland initially staked the Project in 2017 and then entered into a joint venture and earn-in agreement
with Sumitomo in 2018.
The Project hosts the Regnault gold system, a greenfields discovery made by Kenorland and Sumitomo
in 2020 following two years of systematic exploration. Since the initial discovery, Regnault has seen
extensive exploration, totaling 127,217 metres of drilling (265 drill holes).
On February 19, 2024, Kenorland closed a transaction to exchange its 20% participating interest in the
Frotet Joint Venture with Sumitomo to a 4% NSR Royalty.
The Project is located 100 kilometres to the north of Chibougamau, Quebec. Favorable infrastructure
exists in the project area with an extensive forestry road network as well as the Route-du-Nord crossing
the southwestern portion of the property. A power transmission line also crosses through the property
which supplied power to the past producing Troilus mine.
Figure 4. Frotet Project, Quebec: 4% NSR Royalty
To view an enhanced version of this graphic, please visit:
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*Technical Report and Mineral Resource Estimate on the Troilus Gold-Copper Project, Mineral Resources Effective Date: 02 October 2023
** Mineral Resource Estimate on Moblan Lithium Project, Mineral Resources Effective Date: 21 March, 2023
***The Frotet Royalty is subject to the following buy down rights in favour of Sumitomo:
A 0.25% royalty interest may be purchased for a C$3,000,000 cash payment to Kenorland within five (5) years of the grant of the Frotet Royalty
A 0.50% royalty interest may be purchased for a C$10,000,000 cash payment to Kenorland within ten (10) years of the grant of the Frotet Royalty
In the event Sumitomo exercises the foregoing buy down rights, the Frotet Royalty would be reduced to an uncapped 3.25% net smelter return
royalty on all minerals extracted from the Project
QA/QC and Core Sampling Protocols
All drill core samples were collected under the supervision of Kenorland employees. Drill core was
transported from the drill platform to the logging facility where it was logged, photographed, and split by
diamond saw prior to being sampled. Samples were then bagged, and blanks and certified reference
materials were inserted at regular intervals. Groups of samples were placed in large bags, sealed with
numbered tags in order to maintain a chain-of-custody, and transported from Chibougamau to Bureau
Veritas Commodities ("
BV
") laboratory in Timmins, Ontario.
Sample preparation and analytical work for this drill program were carried out by BV. Samples were
prepared for analysis according to BV method PRP70-250: individual samples were crushed to 2mm
(10 mesh) and a 250g split was pulverized to 75μm (200 mesh) for analysis and then assayed for gold.
Gold in samples were analyzed using BV method FA430 where a 30g split is analyzed with fire assay by
Pb collection and AAS finish. Over-limits gold samples were re-analyzed using BV method FA530
where a 30g split is analyzed with fire assay by Pb collection and gravimetric finish. Multi-element
geochemical analysis (45 elements) was performed on all samples within the mineralised zones and
alteration halos using BV method MA200 where a 0.25g split is by multi-acid digest with ICP-MS/ES
finish. All results passed the QA/QC screening at the lab, all company inserted standards and blanks
returned results that were within acceptable limits.
Qualified Person
Cédric Mayer, M.Sc., P.Geo. (OGQ #02385), Senior Project Geologist at Kenorland, "Qualified Person"
under National Instrument 43-101, has reviewed and approved the scientific and technical information in
this press release.
About Kenorland Minerals
Kenorland Minerals Ltd. (TSXV: KLD) is a well-financed mineral exploration company focused on project
generation and early-stage exploration in North America. Kenorland's exploration strategy is to advance
greenfields projects through systematic, property-wide, phased exploration surveys financed primarily
through exploration partnerships including option to joint venture agreements. Kenorland holds a 4% net
smelter return royalty on the Frotet Project in Quebec which is owned by Sumitomo Metal Mining Canada
Ltd. The Frotet Project hosts the Regnault gold system, a greenfields discovery made by Kenorland and
Sumitomo Metal Mining Canada Ltd. in 2020. Kenorland is based in Vancouver, British Columbia,
Canada.
Further information can be found on the Company's website
www.kenorlandminerals.com
.
On behalf of the Board of Directors,
Zach Flood
President, CEO & Director
For further information, please contact:
Alex Muir, CFA
Corporate Development and Investor Relations Manager
Tel +1 604 568 6005
Cautionary Statement Regarding Forward Looking Statements
This news release contains forward-looking statements and forward-looking information (together,
"forward-looking statements") within the meaning of applicable securities laws. All statements, other
than statements of historical facts, are forward-looking statements. Generally, forward-looking
statements can be identified by the use of terminology such as "plans", "expects", "estimates",
"intends", "anticipates", "believes" or variations of such words, or statements that certain actions,
events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved". Forward
looking statements involve risks, uncertainties and other factors disclosed under the heading "Risk
Factors" and elsewhere in the Company's filings with Canadian securities regulators, that could cause
actual results, performance, prospects and opportunities to differ materially from those expressed or
implied by such forward-looking statements. Although the Company believes that the assumptions
and factors used in preparing these forward-looking statements are reasonable based upon the
information currently available to management as of the date hereof, actual results and developments
may differ materially from those contemplated by these statements. Readers are therefore cautioned
not to place undue reliance on these statements, which only apply as of the date of this news release,
and no assurance can be given that such events will occur in the disclosed times frames or at all.
Except where required by applicable law, the Company disclaims any intention or obligation to update
or revise any forward-looking statement, whether as a result of new information, future events or
otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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